EdTech Might Turn Out to Be a Lucrative Investment in the Future

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EdTech Might Turn Out to Be a Lucrative
Investment in the Future
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EdTech Might Turn Out to Be a Lucrative
Investment in the Future

• With the global pandemic wreaking havoc and
  everyone staying indoors, demands for several
  online services went up. Platforms like Netflix
  grew immensely and gained millions of users in
  just a few months. Social media apps also gained
  as usage increased. The demand for laptops and
  PCs increased as people set up work from home
  offices to deal with the unprecedented event. But
  there was another market that gained immensely
  because of the pandemic and that was EdTech. Just
  like the previous year the specialist investors
  are still bullish on EdTech, in fact, more than
  they ever have been in the past. 

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• EdTech was once not as popular or successful but
  things have changed with the growing demand to
  learn online. The pandemic has fueled this demand
  unexpectedly and now we have more people looking
  to learn online than ever before. This has been
  the reason that the sector that was once
  undercapitalized has brought in 10 billion in
  venture capital funding in just one year.
  Investors believe that EdTech is one biggest
  consumer opportunities as people need to
  consistently learn and evolve in coming decades
  to stay relevant in the job market. The need to
  upgrade skills will bring in more and more people
  to EdTech.
• However, there is also a feeling among the VCs
  that EdTechs dont enjoy the same valuation as
  other sectors. Despite the recent revitalization,
  EdTechs seem to struggle when compared to
  commerce, consumer, and fintech, who are much
  more profitable in investors eyes. So, a major
  challenge for EdTech will be to prove just as
  valuable as the other top sectors to get more
  funding in order to grow.

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AUTHOR BIO

• Eva winget is a Microsoft Office expert and has
  been working in the technical industry since
  2006. As a technical expert, Bella has written
  technical blogs, manuals, white papers, and
  reviews for many websites.
• SOURCE EdTech Might Turn Out to Be a Lucrative
  Investment in the Future